PEK 4.76% 22.0¢ peak rare earths limited

THIS....IS.....HUGE !!!! SML NEWS !!!!!, page-349

  1. 3,644 Posts.
    lightbulb Created with Sketch. 1912
    You should update your Market Info a little more frequently before slagging off other companies,

    PM8 - is now London listed PRE (Pensana PLC), While PEK have been sitting on their hands (for 3 Years ?) waiting for an SML, Pensana have with the full and active support of their host Nation:- managed to :- Prove up a small percentage of just one their massive ore bodies (sufficient for the first 10yrs production), they already have most of the major infrastructure needed to export their product, and now have a ready built processing facility in the UK requiring just a quick fit out for their revolutionary and propriety processing technology. Planning permission and a full blown business plan are due to be released within days and Management is well on the way to securing substantial UK Government support. OH and bye the way they now have a first class and comprehensive Management team, including a highly experienced Process Manager

    IXR have managed to secure a fast track route to production by partnering with a Chinese SOE which will enable them to by-pass all of the normal Regulatory requirements ~ EIS, JORC, ML etc, so do not be surprised to see them in production by years end; whether or not they are still owned / controlled by an Australian Company remains to be seen ?

    The World badly needs to develop its sources of Rare Earths, so the sooner Peak can pull their finger out the better, but don't expect to be first off the block, there are at least two other Projects that are now at least 12 months ahead of you.


 
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